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    <title>2013 (4) TMI 891 - JHARKHAND HIGH COURT, RANCHI</title>
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    <description>The court dismissed the writ petitions challenging the sealing of business premises by State Authorities and the SEBI order. The petitioners were directed to cooperate with SEBI in complying with its orders to wind up operations and return investors&#039; money. The court upheld SEBI&#039;s jurisdiction to protect investors&#039; interests and take necessary steps under the Act of 1992. The decision was based on the petitioners&#039; non-compliance with SEBI directives and the need for SEBI to safeguard investors&#039; money.</description>
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      <description>The court dismissed the writ petitions challenging the sealing of business premises by State Authorities and the SEBI order. The petitioners were directed to cooperate with SEBI in complying with its orders to wind up operations and return investors&#039; money. The court upheld SEBI&#039;s jurisdiction to protect investors&#039; interests and take necessary steps under the Act of 1992. The decision was based on the petitioners&#039; non-compliance with SEBI directives and the need for SEBI to safeguard investors&#039; money.</description>
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